HUD homes for sale in Casa Grande Arizona
Many buyers confuse foreclosure listings and foreclosure auctions with HUD home Auctions, but HUD homes are not defined as distressed properties or foreclosures. A HUD home is a Government owned home. FHA mortgages have mortgage insurance, and the mortgage insurance is used when an owner defaults on their mortgage note. Then FHA issues a payout to the bank in short, and the real estate property becomes a HUD home. Read more on HUD homes in Casa Grande Arizona.
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